Cost Breakdown
Total development cost
JOD 11,284,413
Hard costs (A–H)
JOD 8,241,994
Construction (B–H)
JOD 5,961,994
Cost / sqm GFA
JOD 1,736
Total Cost Distribution (% of TDC)
Hard Cost Detailed Breakdown
| Category | Base (JOD) | Contingency | Rate | Total (JOD) | Risk |
|---|---|---|---|---|---|
| A. Land & Acquisition | JOD 2,280,000 | JOD 0 | 0% | JOD 2,280,000 | MEDIUM RISK |
| substructure. B. Substructure | JOD 675,000 | JOD 135,000 | 20% | JOD 810,000 | HIGH RISK |
| superstructure. C. Superstructure | JOD 2,610,000 | JOD 313,200 | 12% | JOD 2,923,200 | MEDIUM RISK |
| mep. D. MEP | JOD 574,200 | JOD 68,904 | 12% | JOD 643,104 | MEDIUM RISK |
| fitout. E. Fitout & Specialist | JOD 240,000 | JOD 28,800 | 12% | JOD 268,800 | MEDIUM RISK |
| parking. F. Parking | JOD 341,250 | JOD 40,950 | 12% | JOD 382,200 | MEDIUM RISK |
| commonExt. G. Common & External | JOD 355,000 | JOD 42,600 | 12% | JOD 397,600 | MEDIUM RISK |
| preliminaries. H. Preliminaries | JOD 479,545 | JOD 57,545 | 12% | JOD 537,090 | MEDIUM RISK |
| Total Hard Costs (A–H) | JOD 8,241,994 | ||||
Soft Costs
| Category | Base (JOD) | Contingency | Total (JOD) |
|---|---|---|---|
| A. Design & Technical Fees | JOD 506,000 | JOD 50,600 | JOD 556,600 |
| B. Authority & Regulatory | JOD 75,000 | JOD 7,500 | JOD 82,500 |
| C. Legal & Conveyancing | JOD 119,000 | JOD 11,900 | JOD 130,900 |
| D. Insurance | JOD 110,000 | JOD 11,000 | JOD 121,000 |
| Total Soft Costs | JOD 891,000 | ||
Sales, Marketing & CX Costs
| Category | Amount (JOD) |
|---|---|
| A. Sales commission | JOD 208,346 |
| B. Brand & Marketing Setup | JOD 69,000 |
| C. Sales Infrastructure | JOD 71,000 |
| D. Ongoing Marketing | JOD 150,000 |
| E. Sales Team | JOD 0 |
| F. CX Programme | JOD 17,000 |
| Contingency | JOD 30,700 |
| Total S&M | JOD 546,046 |
Handover & Defects
Unit snagging programmeJOD 26,000
Snagging rectification allowanceJOD 70,000
Technical handover packsJOD 16,000
Legal title registrationJOD 40,000
DLP reserveJOD 178,860
TotalJOD 330,860
Year 1 Operations
FM management feeJOD 24,000
Building managerJOD 18,000
Security staffJOD 36,000
CleaningJOD 12,000
Common area electricityJOD 18,000
Common area waterJOD 6,000
Lift maintenanceJOD 8,000
BMS / HVAC / fire maintenanceJOD 14,000
Landscaping / irrigationJOD 13,000
Parking operationsJOD 9,000
Building / liability insuranceJOD 12,000
OA setup / management Year 1JOD 27,000
TotalJOD 226,550
Finance
Facility requiredJOD 9,136,450
Arrangement feeJOD 137,047
Bank profit costJOD 730,916
Investor returnJOD 180,000
TotalJOD 1,047,963
Key Caveats
- TDC/sqm GFA: JOD 1,736 — benchmark range for Jordan commercial is JOD 750–1,200/sqm GFA; DGJ to advise.
- Substructure: HIGH RISK — deep excavation and retaining works across a 14m level differential; outturn may vary materially with geotechnical findings.
- GFA unreconciled: 6,500 sqm (owner) vs 6,958 sqm (architect) — 6,500 sqm used as the provisional basis.